Odaily Planet Daily News Bankruptcy court documents show that Celsius Network submitted an "Adversary Complaint" to EquitiesFirst Holdings on Wednesday afternoon in an attempt to recover assets.
EquitiesFirst, a private lending platform, allegedly owed Celsius approximately $439 million in cash and Bitcoin as of July 2022. Celsius first obtained a mortgage from the platform in 2019, but EquitiesFirst failed to return the collateral in 2021.
The filing Wednesday names EquitiesFirst and its CEO Alexander Christy as defendants. (CoinDesk)